Space and Time, a web3 data company, recently announced that developers will have access to a thorough on-ramp for blockchain data through the Microsoft Azure Marketplace. This new integration enables businesses to deploy their data warehouse from the Microsoft store and access, analyse and manage native blockchain data. Without sacrificing their existing infrastructure, developers can now initiate smart contracts, create new use cases for indexed blockchain data and access decentralized data efficiently.

Commenting on the development, Space and Time CEO Nate Holiday emphasized the need for verifiable data on blockchains, enterprises and AI. Microsoft Azure executive Kathleen Mitford added that this new development equips developers with the right tools to create revolutionary uses cases for blockchain.

Microsoft has recently earned itself many supporters, including Space and Time. On September 22, 2022, Microsoft’s M12 fund became part of a strategic funding round along with investors like Avalanche, Polygon, HashKey, amongst others.

The tech giant has actively been developing its Artificial Intelligence (AI) chips to reduce the cost of development for both its in-house projects and OpenAI. This venture appears to be a means for Microsoft to reduce its dependency on Nvidia’s Graphics Processing Units (GPUs).

Cryptocurrency trading has its own taxation problems, and it goes without saying that being aware of which countries tax cryptocurrency is of utmost importance. Thankfully, there is a vast stock of informations dedicated to helping traders with their taxes, including tax tips tailored for crypto users.



Other News from Today